"Smelling Danger: A Black Company Story" is the second of five intercalary short stories of the Black Company series written by Glen Cook. It was published in the 2011 anthology Subterranean: Tales of Dark Fantasy 2 edited by William K. Schafer.

Chronologically, it is set between the short stories "Tides Elba: A Tale of the Black Company" and "Bone Candy". (All three of these short stories take place after the novel The Black Company and before the novel Shadows Linger.)